Construction on Modern Malé Fish Market, Local Market to Begin Next Week: President Muizzu
The construction of a modern market that will include a fish market and a local market will begin next week,...
Maldives’ Exports Grow 32% in November
The Maldives’ exports increased by 32 percent in November 2023 compared to the same period last year, according to data...
STO, Allied Transfer All MIFCO Shares to Government
The State Trading Organization (STO) on Wednesday officially transferred 99.9 percent of its shares in the Maldives Industrial Fisheries Company...
Parliament Committee’s Unilateral Pay Rise Approval for Top State Positions Draws Public Ire
The Parliament Public Accounts Committee is facing severe public backlash following its unilateral approval of salary increases for the President,...
Over 139,000 Work Permits Issued to Expats, 64% Do Not Pay Fees Regularly: Minister Ihusaan
Some 139,000 work permits have been issued to expatriates to work in the Maldives; however, while 50 percent do make...
MCS Refuses to Grant Additional Concessions to Ex-President Yameen
Former President Abdulla Yameen Abdul Gayoom has been denied further leniency by the Maldives Correctional Service (MCS), after the former...
STO Launches 59th Anniversary Sale Event
The State Trading Organization (STO)’s People’s Choice store has launched a two-day sale to celebrate its 59th anniversary. During the...
President Lowers SEZ Minimum Investment Threshold From US$150 Million to US$100 Million
The minimum investment threshold for government-designated Special Economic Zones (SEZs) has been reduced to US$100 million. Former President Abdullah Yameen...
Administration Has Halted Debt Monetisation: President Muizzu
The administration has halted the practice of debt monetisation President Mohamed Muizzu said on Saturday evening while speaking at the...
International Flights to Maldives Jump 15% Compared to Pre-Pandemic Figures: MMA
The number of international flights to the Maldives in the third quarter (Q3) of this year increased by 15 percent...
